Paying off Credit Card with High Interest Rate

| Listing Information | |||
|---|---|---|---|
| Amount: | $4,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 9% |
| Lender Rate: | 12% | Borrower: | rosuna |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-12-26 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Dec 24, 2007 | Current |
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Purpose of loan: I will be paying off a credit card with an astronomically high interest rate. My financial situation: I am a Prosper lender and love the idea of borrowing and lending person to person. I have been a Registered Nurse for 12 years, so there is no shortage of work. I am fiscally responsible. I was shocked to see that I have a delinquency, and have no idea what it could be. I will be looking into this, as it must be a mistake. Monthly net income: $4000 Monthly expenses: $3110 Housing: $1300 Insurance: $300 Car expenses: $40--no car payment, only get gas once/month (I have a hybrid vehicle) Utilities: $120 Phone, cable, internet: $150 Food, entertainment: $200 Clothing, household expenses $100 Credit cards and other loans: $500 Other expenses: $400 |
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